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HSBC proposes to privatize subsidiary Hang Seng Bank, valuing it at $37.36 billion

found 2025 › Oct › 09 (Thu) @ 01:05 UTC

HSBC ■■
Hang Seng Bank ■■
Hong Kong ■■
Companies Ordinance ■■

HSBC said it has asked the board of Hang Seng Bank to put forward a privatization proposal to shareholders via a scheme of arrangement under Hong Kong’s Companies Ordinance.